February 26, 2013
Cost savings and efficiency highlighted Oasis Petroleum's (NYSE: OAS ) fourth-quarter and full-year release for 2012. Operating strictly in the Bakken and Three Forks plays of the Williston Basin has allowed the company to increase its ability to extract oil and gas more profitably. With dynamic infrastructure capabilities, it has the ability to capitalize on changes in regional pricing. Motley Fool analyst Taylor Muckerman believes that this company is likely to continue on its path and could possibly rival Bakken acreage leader Continental Resources (NYSE: CLR ) one day as one of the top producers in the region.
The Bakken formation has allowed several companies to grow at dizzying speeds:
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